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tax rates

Taxman, Yeah, I’m the Tax Man

By Energy Efficiency, Energy Rant One Comment
Thank you American Council for an Energy Efficient Economy for clearing the decks to talk about tax policy and energy efficiency – enabling me with its Three Tax Reforms to Encourage Modernization of the Manufacturing Sector. Allow me to divulge some truths about our confiscation, er I mean, federal tax policies.  In five words: small business gets the shaft.  Small businesses earn their profits in the US and they are pass-through entities, the profits from which are taxed at the owners’ personal tax rates far above typical effective corporate tax rates.  The IRS extracts a pound of flesh for every…
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